Ethereum Market is Active: Ethereum (ETH) performed strongly this week, continuing its upward trend after breaking the $3,000 mark last week, with a rise of over +24% this week, peaking near $3,700. As of July 20, ETH closed around $3,640, maintaining a strong unilateral upward pattern. In terms of capital flow, ETH-related ETF products continue to attract funds, with on-chain activity seeing a significant rebound. On July 18, Ethereum's 24-hour trading volume exceeded $59 B, setting a new high for the month. Analysts are generally optimistic about ETH's future, expecting that if it breaks through the $3,800 level, the short-term target could point towards $4,000, but there is a resistance level around 3,900 points, touching the upper edge of the trading range.